Jamison Properties Acquires Industrial Asset In Miami For $1.48M
1840 NW 22nd St, Miami, FL 33142
$1,480,000
$364/SF
Building Size
4,065 SF
Asset Type
Industrial
Closing
May 30, 2023
AI
An industrial property located at 1840 Northwest 22nd Street in Miami has been sold for $1,480,000. The property spans across 4,065 square feet with a price per square foot of $364. The sale transaction took place on 05/30/2023.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,480,000
- Address: 1840 Northwest 22nd Street
- Market: Miami
- Square Footage: 4,065
- Price per Square Foot: $364
The buyer of the property is Jamison Properties, while the seller is Jared Jukel. The seller was represented by Jonathan Eismann from Gridline Properties.
Players
Miami Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.72%
Cash-on-Cash
-3.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93